Aluminium prices traded higher by 0.28 per cent to Rs 145.85 per kg in futures trade Friday as speculators raised bets, taking positive cues from spot market on rising demand.
At the Multi Commodity Exchange, aluminium for delivery in September edged up by 40 paise, or 0.28 per cent, to Rs 145.85 per kg in business turnover of 219 lots.
Likewise, the metal for delivery in October inched up by 40 paise, or 0.27 per cent, to Rs 147.15 per kg in 5 lots.
Analysts said widening of positions by participants following pick up in demand from consuming industries in the physical market attributed to the rise in aluminium prices in futures trade.
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